Sidus Space Inc (NASDAQ:SIDU) shares, rose in value on Thursday, April 16, with the stock price up by 4.48% to the previous day’s close as strong demand from buyers drove the stock to $1.40.
Actively observing the price movement in the last trading, the stock closed the session at $1.34, falling within a range of $1.34 and $1.42. The value of beta (5-year monthly) was -1.477. Referring to stock’s 52-week performance, its high was $7.65, and the low was $1.14. On the whole, SIDU has fluctuated by -17.65% over the past month.
With the market capitalization of Sidus Space Inc currently standing at about $25.63 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Aug-13.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SIDU’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SIDU currently trading nearly -1.62% and -24.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.12, while the 7-day volatility ratio is showing 6.06% which for the 30-day chart, stands at 9.17%. Furthermore, Sidus Space Inc (SIDU)’s beta value is -1.39, and its average true range (ATR) is 0.14.
A comparison of Sidus Space Inc (SIDU) with its peers suggests the former has fared considerably weaker in the market. SIDU showed an intraday change of 4.48% in last session, and over the past year, it shrunk by -59.77%%.
Data on historical trading for Sidus Space Inc (NASDAQ:SIDU) indicates that the trading volumes over the past 10 days have averaged 0.55 and over the past 3 months, they’ve averaged 1.26 million. According to company’s latest data on outstanding shares, there are 18.30 million shares outstanding.
Nearly 1.27% of Sidus Space Inc’s shares belong to company insiders and institutional investors own 9.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.24 million shares as on 2025-03-31, resulting in a short ratio of 1.87. According to the data, the short interest in Sidus Space Inc (SIDU) stood at 685.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.93 million. The stock has fallen by -71.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SIDU stock heading into the next quarter.
